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Saturday, 05/23/2020 9:25:00 PM

Saturday, May 23, 2020 9:25:00 PM

Post# of 3568
Reality isn't for everyone, but give it a shot anyway. Here is a nclh chart and a few notes - good and bad.

http://schrts.co/szrNykqB" rel="nofollow" target="_blank" >http://schrts.co/szrNykqB

Someone mentioned a channel in the nclh. It is actually a wedge - a bearish wedge. Here is an independent description of what that means: http://chartpatterns.com/wedges.htm" rel="nofollow" target="_blank" >http://chartpatterns.com/wedges.htm The Fibonnaci count is five. A target can be quantified but only after the wedge produces a breakout. May 1 was a print of synchronicity. Down days often print the greatest volume. Overall, this ain't good.

The good? I believe nclh closed above the 50ma (not shown here).

There is no reason to invest in nclh. If you have record unemployment, record bankruptcies, and record business closings.... worldwide.... why should any stock appreciate, especially one reliant on discretionary spending?
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